I've got old British made ones by Desoutter! Awesome tools if you can find one used!
I've seen newer made tools, but still to the original patterns, that are not bad! Ones I saw were made in Hungary, but that's a lot better than Taiwan or China! Be careful though, there are also some cheap 'generic' tools with the CP/Desoutter name on!
A few years back I wouldn't have hesitated to reccomend IR. You always had to be careful to avoid the cheap line of tools made in Taiwan, but the next grade up were much better, and still reasonably priced, for what you got! Sadly, they've changed around the models now, and all the 'medium duty' die grinders have now got plastic bodies!! Big big Mistake! I think there is still a separate 'aerospace grade' but they are not even shown in the catalogue I picked up, so they really are steering you downmarket!
The reason I use an air tool is that I want something more durable than an electric tool! A die grinder particularly, with all the **** flying about, is going to get scuffed to hell if it hasn't got a metal body! (Snap On also note this!)
So, I reckon that leaves us with Dotco / Cleco at the top end, which I wouldn't hesitate to buy if I could afford! Dotco have never really had a big presence in the U.K. aerospace industry because Desoutter dominated the top end and IR the mid ground. I'm starting to see them more and more though!
If I wanted a mid range tool I 'd probably consider Kuken from Japan. (not Ko Ken!) I've seen their impact wrenches and they are beautifully smooth to use, so I'd probably risk a die grinder! Again, exercise caution as there are cheap models at the bottom of the range which are the usual generic Taiwanese!